Novo Nordisk in talks buy controlling stake in Biocorp
(Reuters) – Danish drug developer Novo Nordisk said on Monday it had started talks to buy a controlling stake in…
Business
Goldman Sachs Asset Management makes $600 million bid for Norway’s Froy
OSLO (Reuters) – Goldman Sachs Asset Management (GSAM) has offered 6.6 billion Norwegian crowns ($598.8 million) in cash to buy…
Morgan Stanley sees ECB ending its rate hike cycle in July at 3.75%
PARIS (Reuters) – U.S. investment bank Morgan Stanley said on Monday that it expected the European Central Bank (ECB) to…
Analysis – Dollar bears bide their time as U.S. economic strength persists
By Saqib Iqbal Ahmed NEW YORK (Reuters) – A strong U.S. economy is giving an unexpected boost to the dollar,…
Countdown to mega merger – how Credit Suisse wobbled and UBS rushed to rescue
ZURICH(Reuters) – UBS Group takeover of Credit Suisse, arranged by the Swiss authorities to stave off a broader banking crisis,…
Marketmind: Hawkish pause for thought?
A look at the day ahead in European and global markets from Kevin Buckland: All eyes are on interest rates…
Forever in debt: Why U.S. loans are getting longer
By Chris Taylor NEW YORK (Reuters) – Consumers facing high asset prices and rising interest rates have a few loan…
Barclays Private Bank makes senior appointments in Singapore – statement
SINGAPORE (Reuters) – Barclays Private Bank said on Monday it has made two senior appointments in its Singapore office in…
Saudi pledges big oil cuts in July as OPEC+ extends deal into 2024
By Maha El Dahan, Alex Lawler and Ahmad Ghaddar VIENNA (Reuters) -Saudi Arabia will make a deep cut to its…
Brent may rise toward $100/bbl as Saudi output cut could worsen supply gap – analysts
By Florence Tan SINGAPORE (Reuters) – A global shortfall in crude oil supply is set to deepen in the third…